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Re: Mod, please check new plagiarism: Reporting copy/pasting, please permban
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TheQuin
on 17/05/2018, 07:44:34 UTC
anisuzzaman99apu Edit: Banned.

What is a custodial service?

A custodial service is when an entity or individual holds a client’s property or money on their behalf.  The custodian is responsible for the safety of the financial products. If you are a custodial client, you are still the beneficial owner of the financial products but are held on your behalf by the custodian.


And
I think Bitcoin should be Custodial Services needed...

Source: https://www.asb.co.nz/help/what-is-custodial-service.html
Quote
What is a custodial service?
Last Updated: 15 Feb 2017
A custodial service is when an entity or individual holds a client’s property or money on their behalf.  The custodian is responsible for the safety of the financial products. If you are a custodial client, you are still the beneficial owner of the financial products but are held on your behalf by the custodian.

At ASB Securities, the registered owner of the financial products can be ASB Nominees Limited, ASB Securities or the nominated offshore custodian who holds them in custody on your behalf. You are always listed as the beneficial owner.